Which of the following statements is true of specialization?
A)Specialization is inconsistent with the idea of individual freedom.
B)Economies that practice a division of labor are morally superior to those that do not.
C)In accepting specialization, a person sacrifices his or her own interests for the sake of society's interest.
D)While specialization has enormous advantages, the costs outweigh them.
E)Increased productivity is more likely to be achieved through specialization.

Question

Quizplus · Accepted Answer

Increased productivity is one of the main advantages of specialization. By focusing on a single task or a narrow set of tasks, individuals can become more efficient in their work, leading to higher output and lower costs. This increased productivity can benefit both the individual and society as a whole.

Which of the Following Statements Is True of Specialization